EPISODE · Jun 23, 2022 · 1 MIN
What the inflation rate means for July's repo rate decision
from Die ekonomie minuut · host Waldo Krugell
We all knew that prices rose in May. The price of fuel went up and food prices were higher and you have actually been feeling it in your pocket. Yesterday's Consumer Price Inflation figure shows that the cost of the average consumer's basket of goods and services has risen by 6.5% over the past year. The monthly increase from April to May was 0.7%. For economists, the question is what the rising inflation means for next month's repo rate decision. * The Economics Minute is supported by the NWU Business School.
What this episode covers
We all knew that prices rose in May. The price of fuel went up and food prices were higher and you have actually been feeling it in your pocket. Yesterday's Consumer Price Inflation figure shows that the cost of the average consumer's basket of goods and services has risen by 6.5% over the past year. The monthly increase from April to May was 0.7%. For economists, the question is what the rising inflation means for next month's repo rate decision. * The Economics Minute is supported by the NWU Business School.
NOW PLAYING
What the inflation rate means for July's repo rate decision
No transcript for this episode yet
Similar Episodes
Dec 30, 2024 ·19m
Dec 30, 2024 ·24m
Nov 19, 2024 ·18m
Nov 6, 2024 ·20m
Oct 23, 2024 ·15m
Oct 9, 2024 ·20m